Question: ( Nonannual compounding using a calculator ) Dennis Rodman has a $ 4 , 5 0 0 debt balance on his Visa card that charges

(Nonannual compounding using a calculator) Dennis Rodman has a $4,500 debt balance on his Visa card that
charges an APR of 13.1 percent compounded monthly. Dennis's current minimum monthly payment is 4 percent of
his debt balance, $180. How many months (round up) will it take Dennis to pay off his credit card if he pays the
current miminum payment of $180 at the end of each month?
How many months will it take Dennis to pay off his credit card?
months (Round up to the nearest unit.)
 (Nonannual compounding using a calculator) Dennis Rodman has a $4,500 debt

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